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MercoPress, en Español

Montevideo, November 24th 2024 - 10:22 UTC

Tag: Ireland's Finance ministry

  • Wednesday, September 19th 2018 - 08:59 UTC

    Apple pays €14.3bn to the Irish treasury, an EU tax Dublin does not want to collect

    In 2016 the European Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid

    Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland's Finance ministry said the payment was a “significant milestone”, although Dublin insists Apple was not given any special tax treatment. In 2016 the Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid.